Stewart Island seaweed breakthrough could unlock $500m industry - News Summed Up

Stewart Island seaweed breakthrough could unlock $500m industry


A scientific discovery that will allow seaweed to be grown commercially may fast track the seaweed farming industry in New Zealand that could potentially be worth $500 million in the next seven years. Supplied CH4 Global are successfully growing seaweed at a former oyster farm off Stewart Island. From left are CH4 Global chief operating officer Alan Groves, mussel farmer Jim Barrett, and NIWA aquaculture scientist Javed Khan aboard Barrett's boat Oyster Catcher. Up until now, the New Zealand seaweed industry had been little more than a cottage industry, Forsythe said. Supplied CH4 Global are trailing seaweed farming on the site of a mussel farm on Stewart Island.


Source: Stuff June 10, 2021 05:15 UTC



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